Not so LT.  I don't ever see Baltia reaching $1 without going through a R/S of at least 1/3.  My point has nothing to do with the PPS today.  Looking at future.  I used to see $3 after 5 years but that was when there were 700m shares.  Most of my basis is the low amount of borrowed money.  This will make the bottom line look attractive to investors.  Whether it turns out that way is another story.